Berkshire Hathaway invests extra $10 billion in Alphabet, deepening bet on AI

Google parent Alphabet is asking investors for an extraordinary $80 billion to help finance one of the most ambitious artificial intelligence expansion plans ever undertaken by a technology company.

Google’s $80bn equity raise adds to that giant AI sucking sound

Tech giants' combined spending now set to exceed $700 billion this year, up from about $600 billion previously.

The move is one of the largest equity raisings ever, and includes a $10bn share sale to investsment giant Berkshire Hathaway